| BLU-RAY NEWS TAGGED "CINEMANOW" | Receive Blu-ray News via RSS |  |
Redbox Subscription Streaming Plans are Official
Fri Feb 18, 2011 at 12:00 PM ETTags: Redbox, Streaming, VUDU, Walmart, CinemaNow, Amazon, Industry Trends (all tags)
Just who they're working with is still a mystery, but Walmart, Amazon, and CinemaNow are all rumored.
Redbox is doing just fine financially, but that doesn't mean that the company is just going to sit there complacent and collapse under its own weight and failure to evolve. That's more of a Blockbuster thing.
Instead, Redbox is going to be the next company stepping into the highly profitable business of subscription based streaming, making them the first real competitor to Netflix. Mitch Lowe confirmed this in a meeting with analysts this week, but stated that just who they'll be working with is up in the air. "What we're looking for is a partner that, yes, has customers, but also more importantly has a lot of quality entertainment rights," said Lowe.
CinemaNow has often been touted as the logical choice, but the Seattle Times is reporting that Walmart's Vudu service and the upcoming Amazon streaming service are possible Redbox partners. Walmart might be the most logical, since Redbox kiosks are already in thousands of Walmart stores around the country.
Source: Engadget
See what people are saying about this story in our forums area, or check out other recent discussions.
Budget Brand Manufacturer Funai Adds CinemaNow
Mon Oct 19, 2009 at 05:00 PM ETTags: Funai, CinemaNow, Industry Trends (all tags)
Funai, makers of a wide variety of budget line home theater products, are adding CinemaNow to their new products.
The name Funai might not be entirely familiar to most, though the brands they produce products for certainly are. Those lower end brands Wal-mart carries like Emerson and Sylvania? That’s Funai. Looking at a new Philips or Magnavox? You’re looking at Funai. Best Buy’s Insignia brand? You guessed it: Funai.
In order to up their competitiveness this holiday season and address “the emerging market demand for direct access to Internet movie downloads from connected devices,” Funai will be adding access to Sonic’s CinemaNow movie service.
Mark Ely, VP of strategy for Sonic is understandably optimistic about the agreement. “It certainly does bring us a much broader reach into the marketplace,” he quips. While CinemaNow is already available through some LG Blu-ray players, the inclusion of the service into these widely carried brands could translate into big numbers for CinemaNow.
Source: Video Business
See what people are saying about this story in our forums area, or check out other recent discussions.
» High-Def Digest home page
